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Re: iwfal post# 123488

Sunday, 07/17/2011 12:47:57 PM

Sunday, July 17, 2011 12:47:57 PM

Post# of 251696
You assume both the stock postion and the option position are new, which I did not. I assumed an existing stock position.

My comment on buying calls dealt more with the reality most investors buy calls that are out of the money and stay out of the money, expiring worthless.

Unless otherwise indicated, this is the personal viewpoint of David
Miller and not necessarily that of Biotech Stock Research, LLC.
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